763 Jackson Avenue

$995,000
Price
10
Beds
4
Baths
4,113 Sq. Ft.
$242 / Sq. Ft.
4,113
Sq. Ft.
$242
per Sq. Ft.

Description

Welcome to 763 Jackson Ave, an incredible investment opportunity in the vibrant South Bronx. This four-family property boasts a strong 7.8% cap rate and includes an on-site super, making it an ideal income producer. The property features a total annual rent roll of $100,068, with annual expenses of $22,035, leaving an impressive Net Operating Income (NOI) of $78,033. The unit breakdown is as follows:Unit 1: 1 bedroom, 1 bathroom Unit 2: 1 bedroom, 1 bathroomUnit 3: 2 bedrooms, 1 bathroom Unit 4:...Welcome to 763 Jackson Ave, an incredible investment opportunity in the vibrant South Bronx. This four-family property boasts a strong 7.8% cap rate and includes an on-site super, making it an ideal income producer. The property features a total annual rent roll of $100,068, with annual expenses of $22,035, leaving an impressive Net Operating Income (NOI) of $78,033. The unit breakdown is as follows:Unit 1: 1 bedroom, 1 bathroom Unit 2: 1 bedroom, 1 bathroomUnit 3: 2 bedrooms, 1 bathroom Unit 4: Spacious 5-bedroom, 1-bathroom unit (can be delivered vacant)
Located just a short distance from the 2 and 5 trains, this property provides easy access to public transportation and is less than 20 minutes from Manhattan. It's also close to local shopping centers, adding to the convenience for tenants. Don't miss out on this gem whether you're a seasoned investor or just starting out, 763 Jackson Ave offers exceptional income potential in a prime location!
  1. Listed by Jessy J. Cuevas • eXp Realty
    P: (888)-276-0630 C: (203)-832-5598 boxingrealtor@gmail.com

Property Details for 763 Jackson Avenue

Waterfront
No
LISTING UPDATED: 12/04/2024 09:48 PM

Property Details for 763 Jackson Avenue

StatusActive
MLS IDH6332638
Days on Market68
Taxes$7,011 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeQuadruplex
Year Built1910
Lot Size1,607 SF / 21' x 77'
CountyBronx County

Building

763 Jackson Ave

4 Units3 StoriesBuilt in 1910

Building Information for 763 Jackson Avenue

Stories3Residences4Year Built1910Building Size21' x 63'Building Sq. Ft3,969 SFLot Size1,607 SF / 21' x 77'Building Age-Building Type-

Property Information for 763 Jackson Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: Yes
  • Structure Type: true
  • State Or Province: NY
School Information
  • School District: Bronx
  • Elementary School: Contact Agent
  • Middle Or Junior School: Contact Agent
  • High School District: Bronx
  • High School: Contact Agent
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,000.00
Unit 2 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
Unit 3 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,580.00
Unit 4 Information
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,759.00
Unit Information
  • Building Units Total: 4
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 02636-0031
  • Tax Assessed Value: $250,200.00
  • Tenant Pays: Gas,Electricity
  • Additional Fees: 0
  • Association Amenities: Park,Clubhouse
Income & Expenses Information
Income & Expenses Information
  • Gross Income: $100,000.00
  • Maintenance Expense: $1,300.00
  • Fuel Expense: $4,755.00
Interior and Exterior Features
Interior Features
  • Amenities: Clubhouse, Eat in Kitchen, Park, Public
  • Interior Features: Eat-in Kitchen
  • Basement: Walk-Out Access
  • Location Amenities: Walk Out Basement, Eat in Kitchen, Brownstone
Exterior Features
  • Exterior Property Features: On Street, Near Public Transit, Near School, Near Shops, Stone/Brick Wall
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Near Public Transit,Near School,Near Shops,Stone/Brick Wall
  • Site Features: Near Public Transit, Near School, Near Shops, Stone/Brick Wall
Parking
  • Parking Features: On Street
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Heat Fuel Type: Natural Gas, Radiant
  • Number Of Separate Gas Meters: 4
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Trash Collection Public
  • Number Of Separate Electric Meters: 5
Green Features
  • Green Features: Natural Gas, Radiant

Property History for 763 Jackson Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 763 Jackson Avenue

Taxable ValueLand$68,850Additions$181,350Total$250,200
Home Facts
Total Finished SqFt4,113 SqFtLot Size1,608 SqFtYear Built1910ZoningR6APN2026360031

Schools near 763 Jackson Avenue

This home is within New York City Geographic District # 7.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 157 Grove Hill
PublicPK to 5

Academy Of Public Relations
Public6 to 8

Hostos-Lincoln Academy of Science
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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763 Jackson Avenue is a multi-family home for sale in Woodstock. This property was listed for sale on October 14, 2024 by eXp Realty, it's currently listed at $995,000. It has been on the market for a total of 68 days and was last sold on April 11, 2018. This listing's school district is New York City Geographic District # 7. Nearby schools include P.S. 157 Grove Hill, Academy Of Public Relations and Hostos-Lincoln Academy of Science. 763 Jackson Avenue is a 10-bed, 4-bath, 4,113 sqft multi-family home built in 1910.

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Listing Courtesy of eXp Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.